Home / Business and Economy / Citi Sees Major Upside in Liberty Broadband
Citi Sees Major Upside in Liberty Broadband
28 Nov, 2025
Summary
- Citi initiates coverage on Liberty Broadband with a Buy rating.
- The company's key asset is a significant 29% stake in Charter.
- Analyst cites Charter's strength and Liberty's valuation for the positive outlook.
Citi analyst Michael Rollins has initiated coverage of Liberty Broadband, assigning it a 'Buy' rating and a price target of $73. The core of Liberty Broadband's value lies in its significant 29% stake in Charter Communications. This strategic holding forms the primary asset for the company, influencing Citi's investment thesis.
The analyst's positive stance is underpinned by multiple factors. Citi's existing 'Buy' rating on Charter provides a strong foundation for its recommendation. Furthermore, Liberty Broadband is perceived to be trading at a discounted valuation, presenting an attractive entry point for investors. The potential for accelerated free cash flow generation is also a key consideration.
These elements combined suggest a favorable outlook for Liberty Broadband. The company's strategic investment in Charter, coupled with its own attractive financial profile, positions it for potential growth and an increase in value. Investors are likely to monitor its performance in relation to Charter's success.
